Canary is expected to halt its ETF filings involving XRP as it anticipates a shift in the SEC’s stance regarding cryptocurrency regulations. The company is closely monitoring developments in the regulatory landscape, particularly those related to the SEC’s approach to digital assets. This pause may allow Canary to reassess its strategy in light of potential changes in SEC policies that could impact the cryptocurrency market. As the situation evolves, Canary aims to position itself effectively for future opportunities.
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